Multiple choice technology mainframe

What is Authorization?

  1. The process to get the response for any transaction is called Authorization.

  2. The process of verifying the card by merchant is called Authorization.

  3. The process of verifying the signature of the customer on the card is called Authorization.

  4. All of the above.
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A Correct answer
Explanation

In payment card processing, authorization is the real-time process where the merchant requests and receives approval (the response) from the card issuer to proceed with a transaction. Distractors restrict this complex network process to mere local physical card verification or signature validation.

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